Limit

16/03/2022. The third vice president and minister for the Ecological Transition and the Demographic Challenge, Teresa Ribera, at the lower house of Parliament (Congress of Deputies). Photo: Eva Ercolanese/PSOE.

Economy & Business

ENERGY CRISIS

Spain aims to cap the price of electricity in the EU at € 180/MWh

The Nomad Today 3/17/22

The maximum price of 180 euros/MWh existed in the Spanish and Portuguese regulation until 2019, when an EU directive banned the limits to the offers of electricity companies in the wholesale market

01 March 2022, Berlin: A flag of the Russian Federation flies over the Russian Embassy in Berlin. Photo: Christophe Gateau/dpa.

World

WAR IN UKRAINE

People leaving Russia limited to carrying $10,000 as sanctions bite

The Nomad Today/dpa 3/2/22

Prices of imported goods are shooting up and people are trying to purchase some items, like new phones, before they become unaffordable

A ferry sails off the coast of Mallorca. Photo: Pixabay.

Lifestyle

WHALES

Environmental group urges maritime speed limit off Mallorca coast

The Nomad Today/dpa 11/16/21

The route between Barcelona and Mallorca is particularly loud and affects the sea life's orientation and communication

Economy & Business

USE OF MONEY

Rules, limits to use cash in Spain and avoid a tax investigation

The Nomad Today 11/3/21

In order to limit the possibilities of committing fraud or money laundering, the Spanish Ministry of Finance has imposed very strict rules that regulate the use of cash in Spain